Alphabet's Stock Surge: Buybacks & AI

Alphabets stock surge, a thousand percent in a decade, isnt just AI hype. The real driver is their massive three hundred forty-six billion dollar share buyback since 2016, reducing outstanding shares by thirteen percent and boosting earnings per share from nine dollars fifty cents to over ten dollars eighty cents last year. With sixty-two billion dollars spent in 2024 alone, Alphabet is now just one hundred fifty billion dollars shy of the worlds most valuable company, thanks to killer first-quarter numbers and a twenty-one percent corporate tax rate. Looking ahead, AI integration with Google Cloud, which exploded past twenty billion dollars in sales last quarter, and search and YouTube dominance, keep ad money flowing strong. With one hundred twenty-six billion in cash and forty-five billion from operations, Alphabet is poised for dividends, more buybacks, and AI bets, making this growth story rev up into high gear. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d2b085d73a8aeaba